Michael Cohn, editor-in-chief of AccountingToday.com, has been covering business and technology for a variety of publications since 1985. Prior to joining Accounting Today and WebCPA, he worked for Red Herring, Internet World, Beyond Computing, Accounting Technology and PC Magazine, and freelanced for a variety of other business publications. A graduate of the University of Pennsylvania with a BA in English, he studied accounting at the Wharton School of Business, and currently lives in New York City.
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A pair of lawmakers proposed to raise the required threshold for reporting on gig payment transactions from $600 to $10,000.
May 19 -
The CAQ survey found auditing firm partners feeling pessimistic about issues like inflation, cybersecurity risks and greater regulation.
May 19 -
The Internal Revenue Service has deployed more filters to catch a growing number of tax returns filed by identity thieves, but fraudsters are continuing to collect millions of dollars despite those efforts.
May 18 -
A new report looks into tipster hotlines backed by anti-retaliation policies, as allegations emerged about retaliation against an IRS whistleblower.
May 18 -
The service has been giving its employees training in how to deal with active shooter situations, as the agency faces an onslaught of threats.
May 18 -
The Top 20 Firm is expanding to Chicago in its latest M&A deal since receiving private equity funding.
May 18 -
The American Institute of CPAs wants to increase the number of accounting graduates who decide to pursue a career in the profession and earn a license.
May 18 -
The institute released a pair of reports on how accountants can use design thinking and creative problem-solving.
May 17 -
The International Federation of Accountants wants more accounting organizations to get involved in combating corruption around the world.
May 17 -
The board has been receiving comments as it works to impose the first rules ever for how companies should report on their cryptocurrency holdings.
May 16 -
Commissioner Daniel Werfel said the service plans to begin a pilot early next tax season.
May 16 -
The board is adding two new projects planned for short-term action, along with four new projects aimed at improving its rules to protect investors.
May 16 -
The service is reportedly planning to try out its own direct-file tax software with a limited group of taxpayers by next tax season.
May 15 -
Members of the Senate and House introduced bipartisan legislation to build more housing with the credit.
May 15 -
The Internal Revenue Service has caught up on much of the pile of unprocessed tax returns, but it's still not back to normal.
May 15 -
Commissioner Werfel is promising to fix the method of selecting taxpayers for examinations that seems to lead to more Black taxpayers being audited.
May 15 -
The Finance Committee found that the TCJA enabled some of the biggest to lower their tax bills by shifting profits abroad.
May 12 -
The service is removing employees' first names from correspondence, but their last names and phone numbers will still appear.
May 12 -
The foundation appointed the managing partner of assurance and risk at Baker Tilly, Jere Shawver, as the next chair of the council.
May 12 -
The Internal Revenue Service asked for public input on how to improve access for taxpayers who don't live nearby an appeals office.
May 11
